The All share index closed the month of February higher as it gained 1.83% in a month that was characterized by huge volatility. Stocks hit new one year lows only to claw back from the brink. The biggest fall for shares was the week after election postponement was announced with the Nigerian Stock Exchange market capitalization dropping to as low as N9.2trillion. Despite all this, we still had some winners with some stocks recording remarkable capital gains. We have picked out the best 5 for the month of February.
Best Return Current Month | |
Feb-15 | MTD |
Seplat Petroleum Development Company Plc | 53.98% |
Airline Services and Logistics plc | 25.75% |
Access Bank plc | 23.55% |
Ikeja Hotel plc | 23.36% |
RT Briscoe Nigeria Plc | 19.67% |
MTD = Month to date |